WazirX

<ul><li>WazirX loses $235M in crypto to North Korean-affiliated Lazarus Group hack.</li><li>In a recent investigation, ZachXBT reveals laundering tactics used in the WazirX heist.</li><li>Elliptic flags addresses linked to WazirX hack, cites North Korean involvement.</li></ul>In one of the largest cryptocurrency heists this year, the Indian cryptocurrency exchange WazirX has <a href="https://cryptotale.org/crypto-exchange-wazirx-hacked-230-million-stolen/" rel="noopener noreferrer nofollow">reportedly</a> lost $235 million (approximately 2,000 crore INR) in various digital assets, following a sophisticated breach linked to the North Korean-affiliated Lazarus Group.According to <a href="https://www.elliptic.co/blog/235-million-lost-by-wazirx-in-north-korea-linked-breach" rel="noopener noreferrer nofollow">Elliptic Research</a>, the hack resulted in significant losses across multiple cryptocurrencies, with Shiba Inu (SHIB) experiencing the highest loss at $96.7 million. Ethereum (ETH) followed with $52.6 million in losses, while Polygon (MATIC) and PepeCoin (PEPE) saw losses of $11 million and $7.6 million, respectively. Tether (USDT) and Floki Inu (FLOKI) were also impacted, losing $5.7 million and $4.7 million. Other assets accounted for an additional $56.7 million in losses.Investigative Insights from ZachXBTRenowned crypto investigator ZachXBT <a href="https://x.com/zachxbt/status/1813896332022882686" rel="noopener noreferrer nofollow">provided</a> a detailed transactional trail via his Twitter thread, illustrating the laundering tactics used by the attackers. The initial exploitation involved siphoning funds from a compromised multisig wallet at WazirX.<a href="https://cryptotale.org/north-korean-hackers-suspected-in-235-million-wazirx-cryptocurrency-theft/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Insta</a>

North Korean Hackers Suspected in $235 Million WazirX Cryptocurrency Theft

CryptoTale

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